Civic Intelligence

Lee Christian School Inc.

990 • Fiscal year 2018 • EIN 56-1864897

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 11, 2019

3220 Keller Andrews RoadSanford, NC 27330

(919) 708-5115

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.27x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.24x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

41st percentile

1.6%

Higher net margin than 41% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

28th percentile

-3.4%

Faster asset growth than 28% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-8.8%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,694,154

Down $60,463 (-3.4%) from 2017

Net Assets

Up

$1,237,260

Up $32,301 (+2.7%) from 2017

Liabilities

Down

$456,894

Down $92,764 (-17%) from 2017

Revenue

Down

$1,909,746

Down $183,353 (-8.8%) from 2017

Expenses

Down

$1,878,313

Down $59,471 (-3.1%) from 2017

Net Income

Down

$31,433

Down $123,882 (-80%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,586,119Liabilities 2011: $803,168Net Assets 2011: $782,9512011Assets 2012: $1,577,282Liabilities 2012: $764,784Net Assets 2012: $812,4982012Assets 2013: $1,543,122Liabilities 2013: $696,820Net Assets 2013: $846,3022013Assets 2014: $1,582,035Liabilities 2014: $624,213Net Assets 2014: $957,8222014Assets 2015: $1,507,677Liabilities 2015: $543,389Net Assets 2015: $964,2882015Assets 2016: $1,487,167Liabilities 2016: $443,190Net Assets 2016: $1,043,9772016Assets 2017: $1,754,617Liabilities 2017: $549,658Net Assets 2017: $1,204,9592017Assets 2018: $1,694,154Liabilities 2018: $456,894Net Assets 2018: $1,237,2602018Assets 2019: $2,656,006Liabilities 2019: $1,482,228Net Assets 2019: $1,173,7782019Assets 2020: $3,958,608Liabilities 2020: $2,367,530Net Assets 2020: $1,591,0782020Assets 2021: $4,176,338Liabilities 2021: $2,325,715Net Assets 2021: $1,850,6232021Assets 2022: $4,713,778Liabilities 2022: $2,313,920Net Assets 2022: $2,399,8582022Assets 2023: $4,602,662Liabilities 2023: $2,269,919Net Assets 2023: $2,332,7432023Assets 2024: $4,256,077Liabilities 2024: $2,229,352Net Assets 2024: $2,026,7252024Assets 2025: $4,012,140Liabilities 2025: $2,174,028Net Assets 2025: $1,838,1122025

Highlighted filing

2018

Assets$1,694,154
Liabilities$456,894
Net Assets$1,237,260

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,649,740Expenses 2011: $1,558,821Net Income 2011: $90,9192011Revenue 2012: $1,679,351Expenses 2012: $1,649,804Net Income 2012: $29,5472012Revenue 2013: $1,646,085Expenses 2013: $1,612,281Net Income 2013: $33,8042013Revenue 2014: $1,721,060Expenses 2014: $1,609,540Net Income 2014: $111,5202014Revenue 2015: $1,711,880Expenses 2015: $1,705,414Net Income 2015: $6,4662015Revenue 2016: $1,959,904Expenses 2016: $1,880,215Net Income 2016: $79,6892016Revenue 2017: $2,093,099Expenses 2017: $1,937,784Net Income 2017: $155,3152017Revenue 2018: $1,909,746Expenses 2018: $1,878,313Net Income 2018: $31,4332018Revenue 2019: $1,932,306Expenses 2019: $1,997,181Net Income 2019: -$64,8752019Revenue 2020: $2,150,148Expenses 2020: $1,737,957Net Income 2020: $412,1912020Revenue 2021: $2,661,906Expenses 2021: $2,445,481Net Income 2021: $216,4252021Revenue 2022: $3,478,311Expenses 2022: $2,808,150Net Income 2022: $670,1612022Revenue 2023: $2,619,302Expenses 2023: $2,728,320Net Income 2023: -$109,0182023Revenue 2024: $3,290,657Expenses 2024: $3,622,021Net Income 2024: -$331,3642024Revenue 2025: $3,932,918Expenses 2025: $4,121,531Net Income 2025: -$188,6132025

Highlighted filing

2018

Revenue$1,909,746
Expenses$1,878,313
Net Income$31,433
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 11, 2019
Return Version
2017v2.3
Gross Receipts
$1,946,309
Mission and Program Overview

Mission

Lee christian school witnesses the "good news" of jesus christ. It teaches students the skills and information necessary to survive and succeed in the 21st century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,101,993$1,158,571▲ $56,578
Cash and Non-Interest-Bearing Accounts$483,962$405,897▼ $78,065
Investments Other Securities$108,048$113,501▲ $5,453
Accounts Receivable$59,929$15,500▼ $44,429
Total Assets$1,754,617$1,694,154▼ $60,463
Other Assets Total$685$685→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$517,805$432,184▼ $85,621
Accounts Payable and Accrued Expenses$31,853$24,710▼ $7,143
Total Liabilities$549,658$456,894▼ $92,764
Net Assets / Fund Balance
Unrestricted Net Assets$1,168,912$1,205,876▲ $36,964
Temporarily Rstr Net Assets$36,047$31,384▼ $4,663
Total Net Assets Fund Balance$1,204,959$1,237,260▲ $32,301
Total Liabilities and Net Assets / Fund Balance$1,754,617$1,694,154▼ $60,463

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$886,495$922,226$1,808,721
Equipment$11,916$275,802$287,718
Land$237,455-$237,455
Other Land Buildings$22,705$10,461$33,166
Other Securities$113,501--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$102,393
Program Service Revenue
$1,791,362
Investment Income
$5,028
Other Revenue
$10,963
All Other Contributions
$29,301
Change in Net Assets
$31,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,205,634
Other Expenses$672,679
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$880,887$206,588-$1,087,475
Occupancy-$141,477-$141,477
All Other Expenses$70,811$54,959-$125,770
Payroll Taxes$68,158$15,988-$84,146
Depreciation Depletion-$62,449-$62,449
Other Expenses$36,846--$36,846
Pension Plan Contributions-$25,600-$25,600
Interest-$22,379-$22,379
Information Technology$3,108$15,684-$18,792
Insurance-$18,038-$18,038
Advertising-$10,100-$10,100
Office Expenses-$9,745-$9,745
Other Employee Benefits$8,413--$8,413
Fees for Services Accounting-$3,100-$3,100
Total Functional Expenses$1,292,206$586,107$0$1,878,313
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$36,423
Fundraising Gross Income$36,423
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boosterthon$30,397$18,055$18,055$0
Fall Festival$23,384$3,873$3,873$0
Total Events$88,830$36,423$36,423$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The school board of directors are furnished a copy of the 990 prior to filing. They then agree to accept the return and authorize filing.

Form 990, Part VI, Section C, Line 18

AVAILABLE UPON REQUEST.

Form 990, Part VI, Section C, Line 19

The school governing documents are available upon request at the administrative office.

Filing and Contact Details

Filer

Filer Name
Lee Christian School Inc
EIN
56-1864897
Phone
9197085115
Address
3220 KELLER ANDREWS ROAD, SANFORD, NC 27330

Signing Officer

Name
Dr William Hall
Title
Chairman
Phone
9197085115
Signed
2019-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr William Hall
Formed
1994
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
69
Volunteers
0

Preparer

Firm
Ward & Foust Cpas Pa
Address
PO BOX 1147, SANFORD, NC 27331-1147
Preparer
Lynda S Ward
Phone
9197749452
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IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01802335
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0886495
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0922226
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01808721
IRS990ScheduleD/EquipmentGrp/BookValueAmt011916
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0275802
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0287718
IRS990ScheduleD/LandGrp/BookValueAmt0237455
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0237455
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022705
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010461
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033166
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0113501
IRS990ScheduleD/OtherSecuritiesGrp/Desc0RAYMOND JAMES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01158571
IRS990ScheduleD/TotalBookValueSecuritiesAmt0113501
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL ADVERTISING IS NONDISCRIMINATORY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt052407
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt012342
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt019511
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt020554
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt036423
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOOSTERTHON
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030397
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023384
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt035049
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt088830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018055
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03873
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt014495
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt036423
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt014495
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt036423
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt018055
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03873
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL BOARD OF DIRECTORS ARE FURNISHED A COPY OF THE 990 PRIOR TO FILING. THEY THEN AGREE TO ACCEPT THE RETURN AND AUTHORIZE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ADMINISTRATIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt036047
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt031384
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01754617
IRS990/TotalAssetsEOYAmt01694154
IRS990/TotalAssetsGrp/BOYAmt01754617
IRS990/TotalAssetsGrp/EOYAmt01694154
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0102393
IRS990/TotalEmployeeCnt069
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0586107
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01292206
IRS990/TotalFunctionalExpensesGrp/TotalAmt01878313
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0549658
IRS990/TotalLiabilitiesEOYAmt0456894
IRS990/TotalLiabilitiesGrp/BOYAmt0549658
IRS990/TotalLiabilitiesGrp/EOYAmt0456894
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01204959
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01237260
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01292206
IRS990/TotalProgramServiceRevenueAmt01791362
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05018
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01802335
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01909746
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01754617
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01694154
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01168912
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01205876
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03220 KELLER ANDREWS ROAD
IRS990/USAddress/CityNm0SANFORD
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027330
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0LEECHRISTIANSCHOOL.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR WILLIAM HALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09197085115
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEE CHRISTIAN SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0LEEC
ReturnHeader/Filer/EIN0561864897
ReturnHeader/Filer/PhoneNum09197085115
ReturnHeader/Filer/USAddress/AddressLine1Txt03220 KELLER ANDREWS ROAD

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$2.17$1.84$3.93$4.12$0.19
2024Detailed filing. Detailed filing data is available for this year.$4.26$2.23$2.03$3.29$3.62$0.33
2023Detailed filing. Detailed filing data is available for this year.$4.60$2.27$2.33$2.62$2.73$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.71$2.31$2.40$3.48$2.81$0.67
2021Detailed filing. Detailed filing data is available for this year.$4.18$2.33$1.85$2.66$2.45$0.22
2020Detailed filing. Detailed filing data is available for this year.$3.96$2.37$1.59$2.15$1.74$0.41
2019Detailed filing. Detailed filing data is available for this year.$2.66$1.48$1.17$1.93$2.00$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.46$1.24$1.91$1.88$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.75$0.55$1.20$2.09$1.94$0.16
2016Summary only. Only limited summary data is available for this year.$1.49$0.44$1.04$1.96$1.88$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.51$0.54$0.96$1.71$1.71$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.62$0.96$1.72$1.61$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.70$0.85$1.65$1.61$0.03
2012Summary only. Only limited summary data is available for this year.$1.58$0.76$0.81$1.68$1.65$0.03
2011Summary only. Only limited summary data is available for this year.$1.59$0.80$0.78$1.65$1.56$0.09